It is expected to cost about $135,000 to get the facility, a city-owned building on Business Park Drive, into shape for use as an incubator, where the city would help small and new businesses get off the ground.

First-year operating expenses are expected to be $65,000, according to a report for the council.

The city
is looking to generate income from the incubator, modeled after similar efforts in other cities, through rents, corporate sponsors, grant funding, vending machines and an equity stake in the incubator companies.

The
council
is scheduled to consider the funding breakdown and the facility's business plan during Tuesday's meeting at 7 p.m. in the Civic Center, 41000 Main St.

As spelled out in the business plan, the city is looking to partner with educational institutions and economic development professionals to make the facility a "one-stop shop" for entrepreneurs.

"By focusing on developing a new generation of entrepreneurs ---- most of whom have ties to the local area ---- Temecula wants to build companies that will create jobs and spark economic growth in the region for years to come," the plan states.

Mayor Chuck Washington said he and Councilman Jeff Comerchero recently looked over the plan during a meeting with city administrators and he was happy with how the various moving parts all fit together.

"The only thing we can't figure out is what to call it," he said.

Discussing the focus of the facility, Washington said the city doesn't want it to be solely concentrated on technology.

"We found that you have an easier time of achieving success if you stick to your strengths: the natural beauty of the region, climate, tourism, golf, the bio-med industry," he said. "There are a lot of things people might think of that complement what we've already got going."

Washington said the incubator model the city is using should help drastically improve the success rate of fledgling businesses, which should in turn help the city in generating job creation and sales tax revenue.

"We want to help them get up and going and stay in business," he said. "If they succeed, it's a win for the city, too."

The city is looking initially to use about 7,500 square feet of the 30,000-square-foot building for use on the incubator, which will include offices, work stations, a library and lounge, recreation room and kitchen and meeting space.

Future phases, according to the report, could expand the incubator to include the entire first floor ---- 15,000 square feet ---- and the second floor, another 15,000 square feet.

The city is expecting the folks who set up shop inside the incubator to include startup companies and small businesses looking to grow without the burden of large overhead costs.

The facility is slated to be managed by a full-time city employee who will work with clients while seeking to attract new clients and funding sources.